Philippine Inflation Accelerates to 4.1% in March, Breaching BSP Forecast
Despite the monthly spike, the average inflation for the first quarter of 2026 settled at 2.8 percent.
Despite the monthly spike, the average inflation for the first quarter of 2026 settled at 2.8 percent.
Former Solicitor General of the Philippines, Florin Hilbay, discusses the potential of Bitcoin as a global reserve asset and alternative monetary system, emphasizing the importance of understanding its complexities.
Bitcoin nears the $30,000 milestone as it reaches its highest value since June, with Ether and crypto stocks also witnessing gains.
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PSA also highlighted that ‌food inflation at the national level slowed down to 11.1% in February 2023 from 11.2% in January 2023.
The country’s inflation is at its highest ever since 2008 but the BSP is confident the levels will decrease by 2024.
The Bangko Sentral ng Pilipinas expects inflation rate in the country to continually decrease until it reaches just 2% by 2024.
BSP expects inflation to slowly decrease in the coming months, but warns it will take action to bring inflation back to target levels.